Scope of the Study
The driver alert and warning system provide a solution for reducing the probability of a drowsy or fatigued driver to cause an accident because of lethargic actions or nodding off. These systems are designed so as to detect the indicative signs whether a driver is drowsy or impaired, and then provides an alert or warning sign accordingly for taking some corrective actions. Every system uses a different method of detecting and correcting, but all of them have the same general purpose. The driver alert and warning system continuously monitors the driving behavior and is designed so as to detect any changes which could be caused due to fatigue. The system uses a forward-looking camera for monitoring the vehicle position in the lane and also for calculating the vigilance level of the driver. If the system identifies a less vigilance level, then a warning icon appears, suggesting taking a break. If the driving alertness is declined furthermore, then a message is repeated which is combined with a chime. This system depends upon the response of the driver towards the warnings and thereafter taking sufficient breaks. Researches have found that fatigued and drowsy drivers have been suffering from slower reaction times and a large number of fatal and non-fatal crashes occur during the night and early morning hours when the drivers are the least alert. Hence it is quite reasonable for assuming that a general increase in the alertness of the drivers could potentially save lives. While a study also concluded that getting adequate sleep and having proper education regarding the dangers of drowsy driving is one of the best solutions to this problem, but the reality is that drowsy and impaired drivers are behind the wheel day after day. For such kind of drivers, it is very essential to have an effective driver alert and warning system that can easily make a difference between an uneventful driving and a catastrophic accident.
The market study is being classified by Type (Sleep Detection and Warning System, Lane Departure Warning System, Driver Drowsiness Detection and Driver Fatigue Monitoring System), by Application (Passenger Cars, Commercial Vehicles (LCV, HCV) and Luxury Cars) and major geographies with country level break-up.
Ford Motor Company (United States), Toyota Motor Corporation (Japan), Infiniti (Hong Kong), Mercedez-Benz (Germany), General Motors (United States), Chrysler (United States), Honda Motor Company Ltd. (Japan), Hyundai Motor Company (South Korea), Volvo Car Corporation (Thailand), Tesla, Inc. (United States) and Volkswagen AG (Germany) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Magna International Inc. (Canada), Harman International (United States), Delphi Auto Parts (United States) and Omron Corporation (Japan).
The global driver safety systems market is highly competitive and various leading players. This market consists of some market leaders who presently dominate the global market. These market players are adopting strategic initiatives to enhance their market share and accelerate their profitability. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Driver Alert Warning System market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Driver Alert Warning System market by Type, Application and Region.
On the basis of geography, the market of Driver Alert Warning System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Need to Improve Driver Safety in the Automotive Industry
- Stringent Government Regulations Regarding Driver Safety
- Increasing Popularity of Autonomous Vehicles
- Emphasizing On Development of Safety-Related Systems
- Lack of Awareness in the Emerging Economies
- High Cost & Complexity
- Growing Luxury Cars Market
- Increasing Demand from the Developing Economies
- Concern towards Vehicle Accidents and Privacy
- Required High Compromised In Accuracy
The advancement of driver safety systems which includes a driver assistance system is governed and regulated by international safety standards, including IEC-61508 and ISO-26262, these systems highly depend on electronic equipment for their functionality. Drivers whose vehicles have ADAS technology that to benefit by improving perceptibility, better advance warnings, and also improves the ability for a vehicle to take control in an emergency situation and more inclusive tools for driving in bad weather or any poor road conditions.
Key Target AudienceDriver Alert Warning System Providers, Electronic Component Providers, Technology Providers, Potential Investors, Government and Research Organizations and Others
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